When the Owner of a Piece of Leased Property Gives

question 2

Multiple Choice

When the owner of a piece of leased property gives the lessee an option to buy, the option:

• A) requires the optionee to complete the sale
• B) is a lien on the seller's title
• C) requires no consideration or fee
• D) is not a purchase contract until exercised

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Definitions:

Punctuated Correctly

Describes text that is marked with commas, periods, and other punctuation marks appropriately according to grammar rules.

Coordinating Conjunction

A word that connects words, phrases, or clauses that are grammatically equal, examples include and, but, or, nor, for, so, and yet.

Punctuated Correctly

Being punctuated correctly refers to a piece of writing that properly uses punctuation marks, thereby ensuring clarity and readability.

Coordinating Conjunction

A word that connects words, phrases, or clauses of equal importance or structure, such as "and," "but," or "or."